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Ethereumclassic

ETHEREUM : Approach to important support area in medium termHi everyone! If we look at the weekly chart, from a technical point of view, Ethereum has already reached the first important Bullish Target around 3,450 area (long term), and from here a corrective structure has started. The analysis we are showing is on a logarithmic scale so the price projections look really important, having said that, the price action has reached an important support area around 995 and if it can hold it in the short term, a technical bounce is very likely. On the other hand, a bearish breakout will prompt us to look for short positions on technical rebounds. Thanks for your support, your "Like" and Trade with care!
BITSTAMP:ETHUSD
by TheAnonymousBanker
1
✴️ Ethereum Classic Bullish Consolidation ContinuesThe last signal we looked at was the break above EMA100 for Ethereum Classic (ETCUSDT), this on Friday, 13-Jan-2023, se below: Now we have four days already of prices staying above this level. When a level is conquered, the main condition for confirmation is "staying above" said level. Back in July 2022 when EMA100 was first conquered ETCUSDT consolidated for 7 days above this level before a major wave! So far we are looking great... On a drop, the relevant levels are as follows: 1- $20.90 for EMA100 and EMA10. 2- $19.50 for EMA21 and 0.382 Fib. Remember the bigger picture, we are looking good. Patience is key... Chances are we still have plenty of growth of ahead. Namaste.
Long
by AlanSantana
3
✳️ Ethereum Classic To Resume Growing vs BitcoinEthereum Classic is one of the main altcoins that we track and we follow ETCUSDT and ETCBTC. Each pair has its own peculiarities. The long-term perspective is quite clear and this chart I shared for you before. On the 9-Jan. a peak was hit, the initial breakout (wave 1) and now it seems that ETCBTC is going ready to resume its growth. There will always be retraces and corrections, nothing moves straight up but the short- and mid-term perspective is up, up and up. We have until late March green... This is only the beginning. Namaste.
Long
by AlanSantana
3
✴️ Ethereum Above EMA100, Prepares Major Move (65-125%)Things change and when do so it happens fast and without warning but we cannot say that we didn't have any warnings... The charts were full of them. In late December we became "excited" about the potential we saw in the Ethereum Classic chart... Waiting though was the only real action that took place. The wait is over, we said and today Ethereum Classic is already trading above EMA100... There is no going back now but this is only the beginning, more growth is sure to happen in the months and weeks ahead. In order to figure out what is coming to this market, this chart, to this altcoin pair, I look at was is happening with other pairs that moved ahead. " What one does, the rest follows... " For example, FetachAI went ahead and we can see it growing and growing, already trading above EMA300 and aiming even higher... That's what will happen with ETC as well. $25-$27 is the EMA300 target but there can be more. My main target from the current price is set now at $35 for a nice 65%. Even $47 is possible since we are trading within a higher low and higher lows lead to higher highs. See the previous charts for more and 'Related Ideas; below. Namaste. Previous charts: ✴️ FetchAI | 8-Dec-2022 ✴️ Ethereum Classic | 20-Dec-2022
Long
by AlanSantana
1
ETHEREUM Classic ETC price probably forms trend reversal patternThe price of ETCUSDT after a sharp price surge in July-August 2022 now has been in a protracted consolidation for 4 months. However, there is a possibility that on the ETCUSD price chart market players can now form an "Inverted head and shoulders" reversal pattern In the current impulse growth momentum, the ETC price can reach $19.5 If the reversal pattern will be fully formed as we have shown on the chart, the target for the growth of the Ethereum Classic price will rise to $25 _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
29
ETC had a nice price rally last weekETC had a nice price rally last week. Buying pressure on Ethereum has also affected the trend of this currency. On the other hand, the desire of miners to mine it can increase the demand for Ethereum Classic. In the previous analysis, the resistance range of $16.7 to $17 was considered to confirm the double bottom pattern. Buyer strength was so high that the Ethereum price broke through the first resistance without a pullback and reacted negatively to the second resistance. Higher ceilings and floors in the 4-hour timeframe are a sign of strength for buyers, and the trend could remain bullish until the bottom of the last wave is broken in the $18.45-$19.2 range. Note that the candles have crossed the resistances without a pullback, which increases the probability of reacting to the current resistance in the $21.23-$21.5 range. So the support of 18.9 to 19 dollars is the closest reliable range to create demand. If the buying pressure causes the current resistance, the next target is $25-27.
by MonoCoinSignal
1
✴️ Ethereum Classic Leads The Altcoins, July 2022 Repeat, 195% PThe last time Ethereum Classic moved above EMA50 was back in July 2022 and this lead to more than 155% growth. We have the same situation now which we have been expecting and this time around we can have similar results. We are trading within a higher low which tells us of a potential higher high. The main target is set at 134% but if we get a higher high we are looking at a potential 195%+ from the current price. If we get such huge growth... This might confirm bitcoin's low. The bottom might be already in for bitcoin and this would mean that what we are seeing develop now is not only a relief rally but the start of the next bull market... Stay tuned for more. Namaste.
Long
by AlanSantana
ETHEREUM CLASSIC, Massive Breakout With Further Pump Ahead!Hello Community, Welcome to this analysis of mine about the Cryptocurrency Market. As the new year 2022 has emerged there are important coins within the market which show up with interesting developments especially as the volatile movements increase therefore it is reasonable to watch for picked altcoins within the market that are likely to unfold further potential and determine important patterns to move on with. In this case, as I analyzed the cryptocurrency market I found Ethereum Classic with recently completed a paramount formation on high volatile movements in the market and breaking out above the upper boundary of the broadening wedge formation as it is marked in my chart. This is a very strong movement by Ethereum Classic which is suggesting further movements to wait around the corner. Besides the completion of this major formation, you can also watch how Ethereum Classic is developing this confirmational triangle formation above the upper boundaries and is now about to setup further waves in this direction especially once the triangle formation has been completed with a breakout above the upper boundary as seen in my chart. Once Ethereum Classic has shown up with these developments the targets in my chart will be activated and Ethereum has a solid high likelihood possibility to reach out to these target zones in the upcoming times. It will be an interesting journey ahead. In this manner, thank you everybody for watching. Let's move forward together. The information provided is only educational and should not be used to take action in the markets.
by VincePrince
12
Double bottom patternETC has gained more than 20% in price in the past day. Ethereum Classic, which had formed a double-bottom pattern above the $15 support area, confirmed the pattern with support from buyers after breaking through the $17 area resistance and continued to rally near $20. With this buying pressure, the price has left the medium-term downward channel, and if the price enters the corrective wave, we can expect a pullback to the ceiling of the broken channel in the range of $17. However, note that a strong upward trend in the 4-hour timeframe can have a shallow correction. Therefore, the first support level is considered to be in the $18 range, and if we see signs of support, we will expect the price to grow.
by MonoCoinSignal
28
✴️ Ethereum Classic Moves Past EMA50Ethereum Classic (ETCUSDT) managed to move above EMA50 to the upside. This is the first time this happens since July 2022. Now, can it stay above EMA50? We have the long-term higher low and basically the exact same conditions as we did last year. The prognostications look good. We can't say if it will or will not stay above this level. The technicals are bullish and we can expect additional growth but here is how really things work... If ETCUSDT moves back below EMA50, the mid-term bullish bias is lost. Staying above this level and the bulls remain in control. We got the breakout... It is for the market to decide how things will turn. We should see growth for 1-2 months... Hopefully! Namaste.
Long
by AlanSantana
1
ETC/USDT Secondary trend. Channel. Accumulation and distributionSecondary trend. Timeframe 3 days. Which formed a downward reset channel with a significant 108% move after a huge +2000% to 3000% pump. This is what happens when a coin is "forgotten about by all," not advertised in the news, and accumulated for such a long 2.2 years. The real ether. The “green” parent of the expensive “black” ethereum. Coinmarket Coin: Ethereum Classic At the moment the price is approaching the uptrend of the main trend (long-term). Dynamic support (green) of the large channel. The medium-term reversal zones of the secondary trend are shown on the chart and circled in yellow, on which (breakthrough / not breakthrough) depends on the further development of the trend. The graph shows the accumulation and distribution zones. Zones of smart and stupid. Position resets. "Waves of interest" with price retention is expensive 1—distribution zone. Formation of a 6.5-month triangle). -61% from the reversal level of the triangle breakout. 2—zone after the triangle breakout. Formation of the descending channel. The whole drop is 10.8 months (327 days). The price is now at the “Hamster Pump” peak zone (buying back liquidity “expensive” from those who didn't want to sell cheap) $17.22 - $20 before a huge pumping +2244% of the average set price. Accumulation in the horizontal channel, 2.2 years. The channel is 100% $3.78 to $7.35. Average liquidity set price of $6. Maxima—$13.18 (redemption of coin volume “expensive” for subsequent failure under market dump). Minimums—$3.1 (market dump 13 03 2020). Expensive and cheap ether. Mining. Ethereum is moving to version 2.0. There will be a transition from proof-of-work to proof-of-ownership, and mining on video cards will cease to be profitable. This will happen in the second half of 2022, perhaps even this summer. This very unpopular and painful decision (inevitable) has been dragging on for 3 years now. It is very likely that this year will be the end of this problem. It's not hard to guess which cryptocurrency the miners who mine ETH now will most likely switch to. Consequently, it can very positively influence ETC price. For those who don't know, let me remind you. ETC is the true ether. ETH is a fork. Forced fork, to get back stolen ETCs during attack on DAO (just to roll back transactions of “hackers” wallets). That's how 2 Ethers came into existence. ETC (limited quantity of coins) and ETH (unlimited quantity of coins). Of course, they began to promote and develop centralized fork, that is ETH. The whole story about birth of ETH with ETC and the story (real imitation) with hackers attack on DAO and stealing of ETC coins was made just for “birth” of more centralized crypto-mint for testing technology, especially smart contracts on it. Under the idea fixed my previous trading ideas for this coin, including closed (pre-pump recruitment zone).
by SpartaBTC
21
ETC(Ethereum Classic): +20% In One Week...What's Next?ETC(Ethereum Classic): +20% In One Week...What's Next? This is an analysis that I shared one week ago. The first bullish move was perfect + 20% profits so far. So if you are happy you can close these profits also here:) However, the price completed this beautiful harmonic bullish pattern and it can be a good signal that the bullish wave should be ready soon. PS: If all will be well regarding the fundamental outlook of the crypto market the price should rise again from this point. Targets: 🎯 20.46 🎯 22.46 🎯 26.63 🎯 31.25 🎯 39.30 Thank you and Good Luck! Previous Analysis:
Long
by KlejdiCuni
18
✳️ Ethereum Classic vs Bitcoin Fully Mapped (70% to 198%)We have a lovely chart here for Ethereum Classic vs Bitcoin (ETCBTC). We've done multiple analysis on the ETCUSDT pair for you, we hope you are enjoying them but the bitcoin pair is actually our favorite... We like bitcoin pairs because the more bitcoin one can accumulate the better. ETC peaked in September 2022. A strong and long correction followed. This correction hit a low 19-December, which is 104 days from peak to valley. We say that cryptocurrency trading pairs tend to correct between 2-3 months. Here we have a perfect 3 months correction. Support is found right at the 0.786 fib. retracement level relative to the bullish wave that started in mid-June. Now we have a bullish candle as prices move above EMA10. This is how it all starts... First a low/bottom, June 2022. The main wave starts and peaks September 2022. Second comes the correction that ended last month with a higher low. And in January 2023 we resume the growth. Additional details (targets and support) on the chart. Namaste.
Long
by AlanSantana
5
ETC - The classic twin bottom pattern is formedOver the past two weeks, ETC has recorded a range trend at the support level of $14.71. While swinging on this support, the classic double bottom pattern is formed, and if the neckline resistance of the pattern is broken, i.e., the break of the $16.75 to $0.17 range, we can consider the pattern confirmed. The price target after confirming the pattern is considered in the range of 18.90 to 19 dollars. Because this resistance is outside the short-term descending channel, we can have a mentality of possible breaking of the channel ceiling. Of course, this breaking could be fake because in the current downward trend, the power of the bearish candles is greater, and still, because the pattern's neckline is broken, the trend in the 4-hour timeframe can also be bullish. Therefore, pullbacks will face demand for support. The downtrend line on the RSI is being broken, which could be a good sign for this week. Of course, if the last daily candle closes well, we expect this upward movement.
by MonoCoinSignal
6
✴️ Ethereum Classic Part 2 | Can It Go Higher Than $45?Part 1 is the July/August 2022 bullish wave... It is hard to believe but its been more than 4.5 months since the last high. Cryptocurrencies tend to correct for 2-3 months, normally... This time it has been already 4.7 months and we are still within a higher low. What this means is that the next bullish wave is overdue. Even on another shakeout, it gets closer and closer with each passing day. Higher lows lead to higher highs... So there is potential for Ethereum Classic to go above $45 . See the chart for additional information. Namaste.
Long
by AlanSantana
2
Ethereum classic ETC has almost reached the bottom!Hello, traders! Last couple of days we told about we told about crypto assets which have to dump significantly before reaching the actual bottom. Today we have Ethereum Classic which in my opinion has only 20% potential dump before the new bull run . ETCUSDT showed the wonderful corrective wave C which caused the FOMO and hit $45 , but after that the ending wave 5 became the huge disappointment for hurried traders. This wave has the clear internal structure. Minimal Awesome Oscillator value helps us to find the bottom of the wave 3. The entire cycle can be drawn using the wave 3 point. I suppose now ETC is in wave 5 inside wave 5. It has the natural target $12 where I am going to buy this cryptocurrency. Even if Ethereum Classic is a scam the buyer reaction is anticipated from this level because it’s the huge liquidity are. The guaranteed target is the 0.61 Fibonacci at $30 , therefore we can make an easy 2x . I am going to execute this trade. Best regards, Ivan ________________________________________________________________________________________________ If you like my trade ideas, please smash the boost button to stimulate me make more quality analytics!
by Skyrexio
3
ETC: Price Finally Completed a Bullish Harmonic PatternETC: Price Finally Completed a Bullish Harmonic Pattern After so many days the price completed a harmonic bullish pattern which I have shared before. Trading volume is very low since FTX dumped the entire crypto market. However, the price completed this beautiful harmonic bullish pattern and it can be a good signal that the bullish wave should be ready soon. PS: If all will be well regarding the fundamental outlook of the crypto market the price should rise again from this point. Targets: 🎯 20.46 🎯 22.46 🎯 26.63 🎯 31.25 🎯 39.30 Thank you and Good Luck!
Long
by KlejdiCuni
11
ETHUSD Ethereum : Crash or dash? That's on you! 13.6Let's cut out the psychological pressure of seeing red and look at facts. What's right now dominating the financial markets? Inflation and panic selling. What happens once the dust settles? Think about "investment", what makes it attractive? Crypto currency and specifically the Ethereum is an excellent hedge against inflation, fundamentally. With scarce supply which is likely to burn faster than mined, and technology which could be the future of payment solutions - Ethereum shines. So let's explain the crash technically: 1) Oversold condition which is only comparable to November 2016 and late 2018 - Both times proving to be extremely attractive buys. 2) Connecting trend-lines spanning back 1-4 years show very tight convergence between 890 - 1150. 3) A "Falling wedge" pattern is visible on a weekly time frame, which is bullish. JP Morgan among other major names in finance name Crypto currency to be a smarter investment than real estate in current climate. Don't let your emotion control your judgement, don't let fear run you out of investment. Be smart, be patient, be calculated. --------------------------------------------------------------------------------------- Thank you so much for reading! If you found my idea useful please like and follow - It would mean a lot. My goal is to help as many traders as possible make sense of the markets. If you have any questions or comments please don't hesitate, it's the fuel to keep me going :) ----------------------------------------------------------------------------------------
COINBASE:ETHUSDLong
by Exactus
2